Musk is cutting about 9% of Tesla Motors employees

Open source

Elon Musk will dismiss about 9% percent of the company’s workforce at Tesla Motors. He sent out the relevant e-mails to the company’s employees. This is reported by Reuters.

Musk explained the decision to dismiss 9% of employees of Tesla Motors by changes in the structure of the company, designed to reduce costs and try to reach profitability. At the same time, the head of the company said that the cuts will not affect those who are busy in the production of a new sedan Model 3.
Note that, the Tesla Inc. ended last year with more than 37,500 employees with a fixed salary.
In April 2018, Tesla shares fallen by 5% because of a deadly road accident with one of the Tesla cars worked in «autopilot» mode, as well as Musk jokes about the imminent bankruptcy.
As «The Journalist» reported earlier, Tesla that crashed into police car was in «autopilot» mode.